Precision Accounting

Business Details

Trusted Accounting Services in Dundas, ON

At Precision Accounting, we are dedicated to delivering comprehensive accounting solutions tailored to both businesses and individuals. With over three decades of combined experience, our team prioritizes client satisfaction through transparent communication and personalized financial guidance. Our founder, Tracy Holmes, brings expertise as a CPA CGA, ensuring meticulous attention to detail in tax planning and financial strategy. We pride ourselves on proactive service, leveraging advanced software and continuous professional development to maintain compliance and optimize client outcomes. Our team's commitment to excellence is reflected in our referral-driven growth and long-standing client relationships.

We specialize in bookkeeping, payroll management, tax preparation, and strategic financial planning, designed to simplify complex financial processes. Our approach emphasizes education, empowering clients to understand their financial statements and tax obligations fully. Located in Dundas, Ontario, we serve local businesses while maintaining flexibility to meet clients at their preferred locations. Our reputation for reliability and technical proficiency has been built through consistent delivery of accurate, timely services that meet evolving regulatory standards. By fostering a client-centric culture, we ensure every interaction reflects our core values of integrity, expertise, and dedicated support.

Services

Bookkeeping Payroll Services Tax Preparation Financial Planning Business Consulting

Highlights and features

We offer 30+ years of CPA-certified expertise in tax and accounting.
Our team provides personalized financial strategy sessions for optimal savings.
We guarantee clear explanations of all financial statements and tax documents.
Our software-driven processes ensure accurate, up-to-date accounting solutions.
We maintain continuous professional development to stay ahead of tax regulations.

Associations and certifications

CPA Canada

What people say

Expert tax strategies Personalized service Knowledgeable team Optimal financial outcomes Clear explanations

Website

Update Listing

Services

Bookkeeping

Our bookkeeping services maintain accurate day-to-day financial records, including accounts payable/receivable, bank reconciliations, and cash flow tracking. We implement tailored general ledger systems and provide monthly/quarterly financial statements with trend analysis. Our software expertise ensures efficient invoice management and compliance with reporting standards.

Payroll Services

We handle complete payroll processing, from T4 preparation to WSIB remittances, ensuring compliance with Canadian tax regulations. Our services include automated payroll setup, ROE generation, and group benefit administration. We provide timely payment processing and detailed reporting to simplify employer obligations.

Tax Preparation

We prepare and electronically file personal, corporate, and trust tax returns while optimizing deductions. Our strategic planning identifies tax-saving opportunities through depreciation analysis and income splitting strategies. We assist with CRA audits and provide documentation to support tax positions.

Financial Planning

Our financial planning evaluates cash flow, investment growth, and retirement strategies to maximize wealth retention. We create customized projections considering tax implications and business expansion plans. Regular reviews ensure alignment with changing financial goals and regulatory environments.

Business Consulting

We offer strategic guidance on business start-ups, budget creation, and banking negotiations. Our consulting includes operational efficiency analysis and succession planning. We help establish accounting systems and provide ongoing advisory to support sustainable growth.

People

Tracy Holmes

Owner & CPA CGA

With 30+ years in accounting, Tracy specializes in tax strategy and financial planning. She oversees all client work, ensuring optimal returns through personalized advice. Her expertise includes corporate tax compliance and small business advisory services.

Susan Correa

Bookkeeper

Susan manages bookkeeping operations with QuickBooks expertise. She focuses on client education and accurate financial reporting. Her experience includes implementing accounting systems for growing businesses.

Janet Linton

Administrative Manager

Janet coordinates office operations and payroll processing. She provides technical support for accounting software and client communications. Her background includes comprehensive financial management across multiple industries.

Stephanie Lucas

Accounting Specialist

Stephanie handles tax preparation and strategic planning. She identifies cost-saving opportunities and ensures compliance with evolving regulations. Her focus areas include small business accounting and personal tax optimization.

Ryan Holmes

Accounting Associate

Ryan supports tax and accounting operations with software implementation skills. He assists with financial reporting and client consultations. His expertise includes CRA compliance and audit preparation.

Questions

What accounting services do you offer?

We provide bookkeeping, payroll processing, tax preparation, financial planning, and business advisory services tailored to Ontario businesses and individuals.

How do you help clients save on taxes?

Our CPA-certified team identifies deductions through depreciation analysis, income splitting strategies, and proactive tax planning to minimize liabilities.

Are your services available outside Dundas?

While based in Dundas, we serve clients across Ontario through virtual consultations and flexible meeting arrangements.

How can I schedule an appointment?

Contact us at 905-627-9656 or through our website form to arrange in-person or virtual consultations at your convenience.

What experience does your team have?

Our team holds CPA certifications and combines 30+ years of experience in Canadian tax compliance, small business accounting, and financial strategy.

Reviews (5)

Write a Review

Louis Stroud

Dec 23, 2021 Report

I recently switched firms to Precision accounting and I couldn't me more thrilled. Tracy and her team is on top of their game and made it easy for me catch up on filing. Tracy even got excited about my next year's plan... This is exactly what you want in an accountant. I am so happy to be on board and I now feel confidence in my business knowing that they are working for me. Thank you.

Calvin Glenney

Feb 03, 2021 Report

Positive:Professionalism,Quality,Responsiveness,Value
The team at Precision Accounting has been doing my personal and corporate taxes for the past few years. They are professional, friendly and very responsive whenever I have any questions. Very happy I have them to do my taxes!

Anne Collins

Dec 14, 2020 Report

Precision accounting is not just about their excellent accounting service. It is about the level of professional and personal attention each staff member gives you. At Income Tax time there is always a smile that comes with light-hearted compassion; you feel that they know just how frustrating or hard it might have been for you to get the necessary documentation ready so they can do their job.
Tracy has been a tremendous support and resource over the years, I truly feel fortunate that she was recommended.

Michelle Lucas

Aug 23, 2019 Report

I had such a wonderful experience filing my taxes with Tracy and her team. As someone whose self-employed, I always dread tax season but Tracy and Janet made this seasons filing incredibly easy and as stress-free as possible. I look forward to working with them again in the future!

C. Runpixierun

Aug 17, 2019 Report

Always impecable work done right, done on time and done accurately. Customer service is absolutely amazing! Tracy and her team are the very best at tax prep and managing your financials both business and personal - I have been a client for years and truly value their dedication to perfection. I give this accounting practice my highest recommendation because they actually are the very best.